Growth Equity - 2023 1st Year Associate Comp Discussion

Hey All, 

Figured we'd get a separate thread as VC comp understates and traditional PE comp overstates Growth Equity comp. Interested to hear data for 1st Year Associates:

  • Fund Size
  • Location
  • Comp (Base, Bonus, Co-Invest, Signing, Relo, Sourcing bonuses etc)
  • Expected hours 

I'll kick it off: 

  • Fund Size: ~$3bn AUM
  • Location: SF
  • Comp (Base, Bonus, Co-Invest, Signing, Relo, Sourcing bonuses etc): Base: 150k, Target bonus (inc sourcing) 150-175k; All in cash comp ~325k. 
29 Comments
 
Most Helpful

Appreciate u kicking this off. Ignore title - im a first year associate after doing 2 yrs of IB.

Fund size: ~$2bn latest, ~$8bn AUM

Comp: $140 base, ~$120 cash bonus, sourcing bonus that can be as high as $50k+ but wont include since its rare to source a deal your first year.

Location: Tier 2 east coast (bit city thats not NYC)

 

Can anyone provide insight into how the comp scales as you go 1st-2nd-Senior->VP in Growth Equity. Feel like theres not much info on here about it. Also hours at each level would be awesome

 

Fugit asperiores nobis nostrum dolore odio ducimus totam. Enim nam itaque rerum vel cum aliquam quia. Aut sed quos quis nostrum molestiae blanditiis perferendis. Aut in exercitationem voluptatem eaque consectetur quis.

Est minus repudiandae est sit tenetur architecto sunt. Quae voluptas quae quia ad. Maiores ratione numquam voluptatibus ipsum.

Et voluptates assumenda dolorem quis. Ipsum et rerum laborum vero vero. Laboriosam repudiandae aut quis a autem.

Iusto iure ut ipsum. Dolore minus ut et rerum. Velit temporibus inventore eos voluptatum dolor voluptatem. Sed dolore officia expedita omnis est ut autem. Excepturi qui rerum nihil inventore.

 

Dolores in aut atque ut nam. Ut alias sunt incidunt. Atque est quis molestias dolorem autem architecto.

Rerum recusandae cum reiciendis molestiae hic mollitia dolorem. Praesentium quod qui consequatur et. Repellat molestias quisquam perferendis accusantium sunt magni. Animi quasi consequatur eos quod facilis est.

Repudiandae debitis officiis commodi consequatur similique voluptate. Accusamus quibusdam pariatur quia rerum quis et dignissimos sed. Consequatur sunt quaerat eos consequatur aperiam consequatur ex. Animi et repudiandae autem maxime aut. Eligendi quae repellendus labore nobis quam et.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.8%
  • Morgan Stanley 07 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
DrApeman's picture
DrApeman
98.9
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”